168 Cranbourne RoadNarre Warren South VIC 3805
Property Details for 168 Cranbourne Rd, Narre Warren South
Last Listing description (June 2025)
An Exclusive Chance to Acquire Prime Real Estate on Narre Warren-Cranbourne Road
Inspections Available By Appointment Only!
Presented by Only Estate Agents, this rare opportunity offers a premium, high-return investment in one of Narre Warren South?s most sought-after locations. The expansive 3,668sqm (approx.) block of land features mixed zoning for both commercial and residential use (STCA), providing endless development possibilities, including community care accommodation, medical centre, childcare centre, car wash, restaurant, or convenience store (STCA).
Key Features:
- High-Exposure Location: Positioned on a prominent A-class road, with easy access and ample parking
- Fully Connected: All mains services, with sewer access available from the adjoining property
- Renovated Five-Bedroom Home: Ideal for residential use or potential business operations with a fully equipped kitchen, dining, and family areas, double-glazed windows, split system cooling, and ducted heating
Ideal for Commercial or Residential Development
The property is well-positioned for future development, surrounded by excellent amenities, including:
- Primary and Secondary Schools
- Waverley Christian College
- Early Education Centre
- See Beck Drive Reserve Dog Park
- Restaurants, Cafes & Shopping Centers
- Fountain Gate & Casey Central Shopping Centre
- Major Roads: Monash Freeway, Princes Highway, and South Gippsland Highway
Why Invest Now? With the City of Casey forecasted to grow by 18% over the next two years (source: forecast.id.com.au), this location presents significant opportunities for long-term investment and business growth. The high-traffic location and proximity to major roads and shopping centres make it a prime spot for both residential and commercial ventures.
Additional Information:
- Chattels: All fittings and fixtures inspected as permanent
- Deposit Terms: 10% of the purchase price
- Preferred Settlement: 30/60/90 days
Seize this exclusive opportunity to secure a prime property in a rapidly growing region-contact us today to learn more about this unique offering!
Property History for 168 Cranbourne Rd, Narre Warren South, VIC 3805
- 12 Mar 2025Listed for Sale $1,840,000 - $2,024,000
- 22 Sep 2023Sold for $1,680,000
- 06 Jul 2023Listed for Sale Not Disclosed
Recent sales nearby
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About Narre Warren South 3805
The size of Narre Warren South is approximately 13.1 square kilometres. There are 44 parks, covering nearly 12.6% of the total area. The population of Narre Warren South in 2016 was 30319 people. By 2021 the population was 30909 showing a population growth of 2.0% in the area during that time. The predominant age group in Narre Warren South is 10-19 years. Households in Narre Warren South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narre Warren South work in a trades occupation.In 2021, 81.60% of the homes in Narre Warren South were owner-occupied compared with 82.60% in 2016.
Narre Warren South has 9,952 properties. Over the last 5 years, Houses in Narre Warren South have seen a 17.02% increase in median value, while Units have seen a 20.16% increase. As at 31 July 2026:
- The median value for Houses in Narre Warren South is $919,550 while the median value for Units is $702,042.
- Houses have a median rent of $620 while Units have a median rent of $580.
Suburb Insights for Narre Warren South 3805
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